Apple Pay rival CurrentC to start rolling out next month
CurrentC, an electronic payment system backed by many of the biggest retailers in the U.S., will begin a limited public roll-out in August, Bloomberg News reported on Friday.The smartphone-based technology is intended to rival payment services from Apple, Google and Samsung, and an August launch would be in line with the “mid-2015” schedule the company told IDG News Service in April.CurrentC will offer the same type of convenience as its rivals, enabling consumers to pay at participating retail outlets by phone. But rather than rely on the phone’s wireless NFC (near-field communications) chip, the first-generation CurrentC involves the customer scanning a barcode on a retail terminal to initiate payment.To read this article in full or to leave a comment, please click here
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